Duplexes Market Report

August 2024 Oaklands Duplexes Market

Duplexes market data for Oaklands, Burnaby — covering sales volume, pricing, and days on market for August 2024.

← JunAugSep →All Reports →
Buyer's MarketOaklands duplexes is currently a buyer's market, with 10.1% sales-to-active listings ratio.
2
All Types Sold
$681K
Avg Sold Price
46d
Avg Days on Market
$373,835
Avg $/sqft

August 2024 Oaklands Market Snapshot

All property types — historical MLS® data for Oaklands in August 2024.

All Types Sold2
Avg Sold Price$681,250
Avg Days on Market46 days
Avg Price per ft²$373,835

Oaklands Monthly Market Trend

MonthSoldAvg Sold PriceAvg DOMAvg $/sqftMarket
August 20262$1,276,00038d$608,500—
July 20262$889,50014d$640,371Seller's
June 20262$1,049,00050d$717,000Seller's
May 20261$1,470,0008d$735,000Seller's
February 20261$790,0007d$790,000—
December 20252$1,320,00072d$1,320,000—

Frequently Asked Questions — Oaklands Duplexes

How did the Oaklands duplexes market perform in August 2024?+
August 2024 duplexes data for Oaklands is being compiled. Check back soon or view the full Oaklands market report.
What is the absorption rate for duplexes in Oaklands?+
Oaklands duplexes has a sales-to-active listings ratio (SALR) of 10.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
Is it a good time to buy a duplex in Oaklands?+
Oaklands duplexes are currently in a buyer's market. Whether now is the right time depends on your personal timeline, budget, and goals. A knowledgeable local agent can help you assess current opportunities.
How did the overall Oaklands market perform in August 2024?+
In August 2024, the Oaklands real estate market (all property types) recorded 2 sales at an average price of $681,250, with properties averaging 46 days on market at $373,835 per square foot.
How did Oaklands compare in August 2024 vs. June 2024?+
Compared to June 2024, overall Oaklands sales volume was up 100% (1 vs 2 homes sold) and the average sold price was down 51% to $681,250.
Explore More

What does the Oaklands duplexes market mean for you?

Saeed specialises in Oaklands real estate and can give you a personalised view of the duplexes market.

Get a Market Briefing

Why work with Saeed

Real estate expertise you can count on — reach out any time.

Call 778-883-3264or send a message